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About Frax USD
Frax USD (frxUSD) is a fiat-redeemable, fully-collateralized stablecoin issued by the Frax Finance Protocol. It operates using a hybrid model where governance-approved enshrined custodians mint and redeem frxUSD backed by cash-equivalent reserves, while advanced onchain mechanisms developed by the Frax Finance Protocol ensure stability, security, and seamless usability across DeFi and traditional financial systems.
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Trading Insights
Market Stats
Market Cap
$119.90M
0.01%
FDV
$119.90M
Circ. Supply
120M FRXUSD
Max Supply
Not enough data
Total Supply
120M FRXUSD
Diluted Valuation
$119.80M
Performance
Popularity
Not enough data
Dominance
0.01%
Volume (24H)
$1.56K
99.94%
Volume (7D)
$11.75K
Volume (30D)
$49.39K
All time high
$1.02
Price Change (1Y)
Not enough data
0.08%
Additional details
Market details
FRXUSD vs markets
↗ 15.47%
FRXUSD vs BTC
↗ 10.98%
FRXUSD vs ETH
↘ 22.93%
Tags
stablecoin
asset-backed-stablecoin
usd-stablecoin
fiat-stablecoin
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0xCAcd6fd266aF91b8AeD52aCCc382b4e165586E29 | |
Polygon | 0x80Eede496655FB9047dd39d9f418d5483ED600df | |
Base | 0x80Eede496655FB9047dd39d9f418d5483ED600df | |
Metis | 0x80eede496655fb9047dd39d9f418d5483ed600df |
Price history
Time | Price | Change |
|---|---|---|
Today | $0.9998 | |
1 Day | $1.00 | |
1 Week | $0.9997 | |
1 Month | $0.9998 | |
1 Year | $0.999 |
FAQ
Earn up to $2,000 when you buy $50 in crypto
Earn free crypto after making your first purchase.
Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Social stats
Popularity in posts
#1668
Contributors
10
Posts
23
% About Frax USD
0.004%
Articles
0
X (Twitter)
73.91% bullish
Sentiment
5.0 ★
Highlights
10 unique individuals are talking about Frax USD and it is ranked #1,668 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Frax USD has an average sentiment score of 5.0 out of 5. Finally, Frax USD is becoming less newsworthy, with 0 news articles published about Frax USD.
On Twitter, people are mostly bullish about Frax USD. There were 77.27% of tweets with bullish sentiment compared to 4.55% of tweets with a bearish sentiment about Frax USD. 22.73% of tweets were neutral about Frax USD. These sentiments are based on 23 tweets.
On Reddit, Frax USD was mentioned in 0 Reddit posts and there were 0 comments about Frax USD. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Legal
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.